Balancer Labs is shutting down after a major exploit but the DeFi protocol will continue in a decentralized form.

A critical smart-contract flaw in Balancer V2 allowed unauthorized withdrawals totaling over $100 million. The incident spanned multiple networks and assets, exposing systemic vulnerabilities in DeFi ...

The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users not to interact with the Balancer protocol until further notice. Balancer, an Ethereum-based decentralized finance ...

DeFi liquidity protocol Balancer’s service providers revealed they are slashing their operating budgets and laying off staff in a move to overhaul Balancer’s brand strategy during a Thursday community ...

Balancer—an automated market maker (AMM) protocol claiming over $750 million in total value locked (TVL)—suffered a security breach on November 3. Blockchain analytics firms like PeckShield and ...

(MENAFN- Crypto Breaking) Balancer Labs, the corporate backbone behind the Balancer DeFi protocol, is winding down after years of pressure and a devastating $116 million hack in November. Executives ...

Decentralized finance (DeFi) liquidity protocol Balancer’s service providers revealed they are slashing their operating budgets and laying off staff in a move to overhaul Balancer’s brand strategy ...